The Following Information Appears on the Statement of Cost of Goods

The following information appears on the Statement of Cost of Goods Manufactured for the Ethridge Company at the end of the year. $$\begin{array} { l r } \text { Raw Materials Used } & \$ 70,000 \\\text { Manufacturing Overhead } & 90,000 \\\text { Direct Labor } & 60,000 \\\text { Work in Process Inventory, January 1 } & 20,000 \\\text { Work in Process Inventory, December 31 } & 30,000\end{array}$$ Cost of Goods Manufactured for the year was:

A) $200,000.
B) $210,000.
C) $220,000.
D) $240,000. Total Manufacturing Costs = Raw Material Used + Direct Labor + Manufacturing Overhead
= 70,000 + 90,000 + 60,000 = 220,000.
Cost of Goods Manufactured = 20,000 + 220,000 - 30,000 = 210,000.